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141  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 will be the biggest bull year in crypto yet because of security tokens... on: May 15, 2018, 11:36:36 PM
" There is going to be a major shift in the crypto space this year. A shift many of the panelists at the conference think is so big that it will surpass the combined market cap of the current 450B crypto market which consists of 99% utility tokens."

https://steemit.com/cryptocurrency/@jeffreykirdeikis/the-crypto-mega-trend-of-2018-security-tokens-everything-you-need-to-know

What do you think? I think this might certainly be the case as we've already witnessed so many bull trends this year.

     I think so too, yes. Not only because of security coins but also because of some other projects too that have great concepts that really does help solve problems not only in this industry but also in the real world. Some even aim to connect this industry to the big industries out there in the real world which will help speed up the process of achieving the goals of mass adoption.
142  Alternate cryptocurrencies / Altcoin Discussion / Re: All Alt Coins are a scam. on: May 15, 2018, 11:33:21 PM
Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!

     Is this sarcasm? Because if not, this is pretty stupid. Also, that Tone Vays dude might have smoked some pretty good sht for him to make such a claim. I get it, bitcoin is great. In fact, I am a big fan of it but ethereum is also a great investment too. I think that everyone should do their own research since there are also great altcoins that are ethereum based and not ethereum based. If you are only invested on bitcoins, then man, you are missing out on the sweets.
143  Alternate cryptocurrencies / Altcoin Discussion / Re: Investors and Bounty on: May 15, 2018, 11:15:32 PM
I was looking for bounty chat in a telegram today because I did not have time to buy coins during ICO and I could not take part in the bounty.
Since I haven't any coins, I really want to buy cheap from bounty hunters on the exchange. I started looking for a group to find out when the bounty will be distributed.
Well, guess what? In this bounty chat, there were a lot of real investors who asked: "When will the payment for the bounty to participants?" I used to think that these repetitive questions are asked by the participants themselves.
 And you, too, do this when you want to buy a cheap coin after ICO?

     Well, mostly that is the strategy of most of the people out there just to be able to get some cheap coins. The thing is though, you most likely to be able to buy small amounts only from small time bounty hunters that need immediate money because clearly, veteran bounty hunters won't sell that easily if they see that the project is good. It would still be better to go for the presales or the actual ICO sale.
144  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Price Predictions for 2018 on: May 15, 2018, 11:12:21 PM
Nicknamed the silver to Bitcoin’s gold, Litecoin emerged onto the scene in 2011 to help remedy some of the flaws inherent in Bitcoin.
But recently, LTC is down in 6th largest crypto in market from 2th. So what do you predict about LTC in 2018.

     LTC really is a great coin I have got to give it that. The thing is, because of these overly hyped new altcoins, LTC is getting more and more ignored by most of the new investors. I think it is best to buy more of it now slowly whenever you have some extra dough because it clearly is gonna get noticed more in the coming weeks. Don't miss another train.
145  Economy / Economics / Re: How can we make this world economically better? on: May 08, 2018, 11:46:40 PM
The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?


     I believe that in any aspect that exists in this life, knowledge really is power. Hence, I think that the best action that the government can do as of now is to push free education and support for the people who are eager to learn and want to change their lives. Doing this will really increase the amount of great and useful people in the community and will most likely increase the number of financially stable people.
146  Economy / Speculation / Re: Why is Bitcoin's daily price fluctuations getting smaller and smaller? on: May 08, 2018, 11:33:53 PM
Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?


     In my opinion, this is because of the bearish season still have the investors in a hangover. It is pretty possible that most of the investors that have panic sold and lost a huge amount of capital in the process of dropping in the early months of this year are still afraid to jump back in again. I think that this will change when they see good movement which is already starting as of now.
147  Economy / Economics / Re: Future of Cryptocurrency on: May 08, 2018, 11:14:43 PM
Have you heard that telegram created an internal cryptocurrency ? Imo this is the next big trend, I believe that amazon, google and facebook will follow that in the future, and Bitcoin will be dethroned
There is no guarantee that they're going to use the blockchain at all, the strength of cryptocurrencies comes from the fact that they are decentralized while the businesses that you are describing are centralized so I do not see how they can benefit from creating their own blockchain or their own coin.


     Great point but this does not rid us of the possibility that these big names may also follow the steps of telegram. This is because people love new things and are blinded by it most of the time. I honestly think that these big names might take advantage of this weakness to make their own crypto just for the hell of it to attract more customers and shut the people who requests cryptos to be adopted. That's just my opinion though.
148  Economy / Economics / Re: You missed all the trains, not just bitcoin on: May 08, 2018, 11:05:10 PM
In the face of so many new cryptocurrencies arising each day, it would be really difficult to have enough capacity to analyze in depth which of them has the potential to experience a pump of such magnitude, but I am convinced that even those who had the fortune to buy at the right time, they never thought that such a level of profit would be possible, otherwise they would have invested everything they had to become immensely rich.

Therefore, I tend to think that deep down it is absolutely impossible to predict in advance any of these large pumps, and it is rather an act of luck to buy the right currency at the right time, with enough patience to not be tempted to sell as soon as they get 100% profitability.


     I really do strongly agree with your point but just like any other things we do in life, we all have the capacity to learn over time and be better at everything we do when we acquire more experience in doing it. Which is why there are a lot of people that have already made a lot of money in this industry. Although I agree that it is pretty hard to find a good project and trust it fully to invest all your assets into, I think that it is still possible to make huge profits in this industry by diversifying and minimizing risks. Which may not make you rich in a single investment but can surely help to increase profits and investing capabilities.
149  Economy / Economics / Re: Fiat Currency Always Fails on: May 08, 2018, 10:47:37 PM
There is no doubt FIAT currency is broken, and cryptocurrencies are definitely a solution for what has been flawed. I do hope many people become more educated and soon will realize how broken the system is.

     I believe so too but I think that crypto currencies cannot offer a solution yet since crypto currencies as of this moment has more flaws than the fiat. I think that fiat is still better than cryptos in terms of easiness or usage and availability. And out of all the things that has happened in the past, it would be really impossible if people on top never really learnt anything from the past. I think it would be safe to say that as more mistakes happen, more is learned and improved.
150  Economy / Economics / Re: Bitcoin business success on: May 08, 2018, 10:36:55 PM
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

     Obviously, this depends entirely on the type of businessman or investor. For example, if person one invests big time on cryptos and is good in finding good investments, then obviously he earns big time profits also, if person two doesn't invest that much because of fear or lack of funds, then he will most likely be earning smaller profits than person one.
151  Economy / Economics / Re: Why we should fear a cashless world on: May 08, 2018, 10:18:24 PM
Cashless economy is good concept but it has some problems like cyber attack,fraud,power outages. Because all transactions will be done by the electronically,so we have to trust on gov.or other third party.



     True, cashless society is really a very complicated thing in my opinion. There are just so much things that are involved which I think cannot be covered yet because of the lack of technologies on some areas in this world. Plus the fact that crypto currencies as of today has more cons than pros, I think that this world will crumble if a cashless society is forced at this state of the world and the crypto industry. While I am sure that time for this will come, I think that taking things slowly but surely is the best choice.
152  Economy / Economics / Re: Is it a good buying price for bitcoin? on: May 08, 2018, 09:42:09 PM
Is it a good buying price for bitcoin?Might cross-border activity often lead to better demand for bitcoin?So bitcoin will do better in the second half of the year.What do you think?

     Man oh man, I sure do hope that you have listened to the majority and bought bitcoins as soon as you could when you saw answers on your post because a lot has happened already in the crypto industry not only on bitcoins but also to various altcoins and I think that there will be more price increase in the next coming weeks or months. If you didn't then invest now and take advantage of the cheap prices.
153  Economy / Economics / Re: When will the market turn and start growing again? on: May 08, 2018, 09:33:14 PM
As soon as everyone starts shouting about the lowly in one voice and the collapse of the exchanges, then the market will unfold. This will say that those who used to shop earlier started selling the crypt. At this time, large players will buy crypto currency from nervous people, and when bought up, news agencies and TV will begin to generate a positive background for crypto-instruments. A new rally will begin without those who left the concert.


     As for the moment you posted this, the markets were still down and continued to fall deeper in the bearish season. But as of today, we can see that the prices have recovered from the bearish season and is now on its earliest stages of bull run. I believe that a few weeks from now, we will see faster price increase in this industry and then FOMO will start and lead to various coins breaking all time highs. Although I am not sure when the exact date would be or which coins would be rising, I am pretty sure that this will happen to most of the coins within this year
154  Economy / Economics / Re: Is this basically just another way to make money? on: May 08, 2018, 09:10:08 PM
     I believe so, yes. Because clearly, majority of the people here are only here for the money. Although there are people who are also here for the innovation this industry clearly delivers in the real world, there are not many of them. Then there are also people that both love the thought of being able to use the technology and make money out of it in the process. So I think it is really just another way to make money. But that depends entirely on the person because we obviously see things differently.
155  Economy / Economics / Re: is there any economic effect for the country or bitcoin users on: May 08, 2018, 08:58:30 PM
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

     I believe so because you see, bitcoins are like any other stuff out there that are being used or needed. If it loses the users or the ones that need it, it will surely decrease in price and the other way around if its users increase. Now, if you are a holder of any coin out there or bitcoins, if various countries that have great amount of crypto holders bans cryptos, you will clearly be affected by the price dump. That is what I think. I hope this helps, good day op.
156  Economy / Economics / Re: What if all the governments of the country united to strictly prohibit the exist on: May 08, 2018, 08:45:58 PM
     Well if this thing really does happen, I think that it would mean the end for the crypto industry because even if we say that there would still be brave people that will be using the cryptos still, we cannot deny the fact that the number of users will drastically decrease leading to big losses and less options for the left users of the technology. Good thing that this is still pretty unlikely to happen for now.
157  Economy / Economics / Re: Banks Won't Make You Rich on: April 24, 2018, 08:13:59 PM
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue



     Honestly, anyone thinking that they can get rich with doing that investment is dumb. Clearly, the sole purpose of the banks is to be there so that we, the people can put our money there and keep it safe from being stolen by others and sometimes from us because we tend to overspend sometimes when we have cash on our hands which is why we use banks.
158  Economy / Economics / Re: Can bitcoin help poor children in underdeveloped countries? on: April 24, 2018, 08:05:13 PM
Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.


I think bitcoin is just a crypto currency so it would be hard for it alone to help people. However, even though we all know that bitcoin alone can't do anything about it, through our willingness to help, we could help poor people who are in need through our earnings. Unity is what we really need.


     Yea, you are right. If only people would care enough to share even a bit of their earnings to the less fortunate, we can really be able to help a lot of poor children in this world. Another way would be to offer free courses that teaches about crypto currencies to poor countries to help them learn about the advantages of working or investing in this industry if they do it the right way which can lead to them having enough money to get by or if lucky, experience financial freedom.
159  Economy / Economics / Re: What do you prefer Bitcoin or Ethereum ? on: April 24, 2018, 07:54:28 PM
I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise

Personally, I like Ethereum.Cause, I work at the Bounty campaign. And Bounty wants an account at  Ethereum. And its cost is less than Bitcoin. Very easy and quick exchange can be done.
Although Bitcoin has more profits possible.


     I agree with you, ethereum really is pretty easy to use because its transactions are completely faster than of bitcoin's and it also is way cheaper compare to bitcoins. But I do not agree that bitcoins offers more profits than ethereum. That is if we look at it in today's terms. Clearly, undervalued altcoins out there can give more profits than the more expensive ones which is why I think that ethereum is completely better than bitcoins today and that this year will be the year of the altcoins.
160  Economy / Economics / Re: A wise strategy for your bitcoin on: April 24, 2018, 07:46:01 PM
I think your strategy is good and is working for you since you are increasing your coins, keep it up. In time and with your patience and perseverance I know that you will be able to double or even triple the returns that you are getting out of it. Just an advise, you can also add some coins by participating and completing tasks for signature campaigns and bounties, it is a great way to add to your coins.
This is right to way of dealing with any cryptocurrency. It is supposed to be held with patience for a good period of time in order to get some real profits out of this investment. There is no other method of increasing capital by digital assets. Every coin has its own potential so a person should try to go with the one that can return its biggest amount. Bitcoin should be the first choice.


     I agree. But one must not forget that chances of losing a lot and getting a lot is pretty equal in this industry. And you can literally lose all of you investments or earn big profits if you make even a single mistake  or if you get lucky. So knowledge really does also play a big part here. Even with the bearish trend, earning huge profits is still possible if you just know what you are doing. It really depends entirely on the person investing and trading.
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